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Misr Takaful
It is a safe and highly liquid investment tool that invests in a group of money market instruments in the short term, which include: government bonds, corporate bonds, treasury bills and bank deposits. The Fund may only invest in money market instruments whose maturity does not exceed 13 months, nor Their average duration may exceed 150 days.
Fund’s Features:
Type: Sharia Compliant - Money Market
Sponsor: Misr Takaful Insurance Co.
Launch date: 28 Feb, 2022
Custody: Ahli United Bank
Administrator: Catalyst
Min certificates: 10
Currency: EGP
Subscribtion freq: Daily
Subscribtion fee: Free
Redemption freq: Daily
Redemption fee: Free
Receiving entites: AAIS/HC/Mubasher/Thndr/Misr Capital/Arabeya online/ Egyptian company for investment service/3way/Banque Misr